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Kitco reported a recent Deutsche Bank study found platinum prices will be boosted in the coming months dovetailing supply issues in South Africa.
Kitco reported a recent Deutsche Bank study found platinum prices will be boosted in the coming months dovetailing supply issues in South Africa.
As quoted in the market news:
Nymex July platinum early Friday hit a high of $1,498.90 an ounce, its strongest level in more than a month. There have been news reports this week of more potential labor issues in South Africa, as well as some mining companies scaling back production plans due to a fall in prices in recent months.
Click here to read the full Kitco report.